I have been a contractor for about 15 years, but one of my business
partners runs a contract agency. For contract employment, the agency
normally gets a percentage of the gross. This percentage is sometimes
mandated by the hiring company, sometimes negotiable. For W2 40% is
not atypical. Some contract agencies will negotiate to take less off the
top and either give you more or lower the price to their client, or both.
Full time firms normally get a percentage of your salary. Many times
they don't get their funds until you have been with the company for
several months. The hiring company normally pays the fee. I dealt with
these firms in the mid 80s when I was hiring some engineers, and my
recollection was that the fee was 20% of your annual salary.
If you are a contract employee and decide you want to become
permanent, the company normally must "buy" you from your agency.
Most agencies have a contract with the company that covers this.
On 20 Mar 00, at 12:26, Michael O'Donnell wrote:
> If a headhunter gives my resume to a company that
> eventually hires me as "direct" employee, how
> much money does that headhunter typically receive?
> What are the upper and lower bounds likely to be?
>
> How about for a contract position?
>
>
> **********************************************************
> To unsubscribe from this list, send mail to
> [EMAIL PROTECTED] with the following text in the
> *body* (*not* the subject line) of the letter:
> unsubscribe gnhlug
> **********************************************************
Jerry Feldman <[EMAIL PROTECTED]>
Associate Director
Boston Linux and Unix user group
http://www.blu.org
**********************************************************
To unsubscribe from this list, send mail to
[EMAIL PROTECTED] with the following text in the
*body* (*not* the subject line) of the letter:
unsubscribe gnhlug
**********************************************************
